The Role of Rhetoric in Economics and Economy

In this paper we attempt to show that rhetoric plays an important role in economics as a science and in economy as a social system. Our task is rather demonstrative, but it aims at stripping away the illusion that economics has acquired a status equal to the natural sciences, in which there is no pl...

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Published inStudies in logic, grammar and rhetoric : the Journal of University of Bialystok Vol. 57; no. 1; pp. 191 - 203
Main Author Czech, Sławomir
Format Journal Article
LanguageEnglish
Published Białystok Sciendo 01.03.2019
De Gruyter Poland
Subjects
argumentation
economic method
economic order
institutional change
truth
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ISSN0860-150X
2199-6059
DOI10.2478/slgr-2019-0012

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Summary:In this paper we attempt to show that rhetoric plays an important role in economics as a science and in economy as a social system. Our task is rather demonstrative, but it aims at stripping away the illusion that economics has acquired a status equal to the natural sciences, in which there is no place for subjectivism and ambiguity. Economics belongs, after all, to the realm of the social sciences and as such it is subject to the limitations of human cognition and understanding. We show that economics as a science is not free from employing sophisticated methods of persuasion and rhetoric. Next, we also try to demonstrate that rhetoric can be a useful tool in creating economic reality. It does not have influence on economic processes per se, but it is helpful in constructing an institutional architecture of the economy by influencing public opinion and decision makers.
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ISSN:0860-150X
2199-6059
DOI:10.2478/slgr-2019-0012